Target leads Minnesota list of top grantmakers: $148 million in 2013

Target topped the list of Minnesota grantmakers for 2013 in a list released by the Minnesota Council on Foundations.

Target Foundation and the corporation made $148 million in grants and corporate giving in 2013 (before the companies recent corporate problems and layoffs). Almost $26 million of the Target giving went to Minnesota-based organizations.

(MCF says 2013 annual rankings are based on the amount of cash grants paid by funders during fiscal years ending June 1, 2013, through May 31, 2014.)

The rest of the top five on the MCF list (pdf) for 2013:

  • General Mills Foundation and Corporation ($105.7 million)
  • The McKnight Foundation ($86.4 million)
  • The Saint Paul Foundation and Minnesota Community Foundation ($65.6 million)
  • Cargill and The Cargill Foundation ($59.6 million)

These were the same top five in the same order in 2012 and the same top five in 2011, with McKnight and General Mills switching spots.

The top 50 Minnesota grantmakers awarded $1.2 billion in 2013, with almost 60 percent of that going to organizations outside Minnesota.

MCF President Trista Harris said:

“Grantmakers in Minnesota are supporting local causes, but they also address needs beyond our state’s borders. Minnesota philanthropists are aware of their responsibilities as national and global citizens.”

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